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Search Results 0 to 37 of about 38 (some duplicates have been removed)
FOX Business
Jan 18, 2013 1:00pm EST
to do is have that take place when the republican position on the debt takes the economy hostage. that is off the table. i think the president is smart to be firm and clear on that. next time it would be democrats if we had a republican president. ashley: would you agree, i know it is out of your area, but the senate has not passed a budget in four years now. would you agree with republicans that it is not the way to go and i could, in fact, be breaking the law without i do agree with them. we actually have not passed the budget. i am with them on this concern about our inability to actually do the basic work that a legislature must do. ashley: i know bernanke, timothy geithner, rating agencies and many more states what is the point of a debt ceiling? we routinely raise it anyway. what is the purpose? >> there is no purpose. the debt ceiling has become a device for fiscal irresponsibility. republicans and democrats both dated. senator obama voted against the debt ceiling increase. if we have this credit downgrade, and we had a credit downgrade, as you know, last august. we have t
CNBC
Jan 18, 2013 7:00pm EST
the key message of deep spending cuts, not the message that deep spending cuts will help grow the economy and help create jobs. . . but i did hear no budget, no pay, aimed at democratic senators but then deemed unconstitutional, and an extension of the debt ceiling for about three months which is okay. . it doesn't really go to the heart of the matter. we're going to have a report on this whole story in just a moment. . meanwhile, better news, the stock rally continues up 54 points on the dow, 161 points for the week. get this, a 35% gain in the broad s&p 500. . just since early october 2011. that's right. it's like a stealth rally. it keeps on moving. we'll talk to a leading investment ceo a bit later in the program. . first up, in williamsburg, virginia, today, house republicans have agreed to take up the plan next week to extend the debt ceiling with some conditions. i think that's boring and uninspiring. let's go to the source of this cnbc contributor robert costa. . . i think it's boring, boring, boring. you tell why this is a great. are not attached to this proposal. very three mont
FOX Business
Jan 18, 2013 11:00am EST
talking about it, investors should be focused on making money in the economy and corporate profits are healthy enough to do that. joining us now, start with this. why can you possibly say don't worry about washington because long-term interest rates go up, stocks will not be undervalued, they will not be cheap and that could hurt the stock market. >> this is a great point you are making, but we put, believe it or not, a 5% 10-year treasury yield into our stock market model. we are assuming interest rates soar from here. and stocks are still undervalued today. we can take a lot higher long-term interest rates put my real point about this is if we go back a few years, the first fiscal cliff, the 2010 tax cuts were going to end. the first debate over the downgrade. all of those things happened, and yet the market kept going up. same with the fiscal cliff this time, and i believe people are overly concerned about a lot of the things that are happening around the world. the economy continues to grow, the stock market is really cheap, and that is what investors should focus on. if you go
CNBC
Jan 18, 2013 9:00am EST
sensitive to the economy commodity in the world. ip took out a lot of capacity. ip is a genius. this company's had an unmitigated run. capacity's constrained, prices going up, 95% of capacity. that is like -- you can put the price increase after price increase, that says the economy is much stronger than expected. this is the first commodity to raise prices big when things get better. they're raising prices consistently. very bullish. >> that is a great, great tell. still more to come this morning. get ready for an ipo hat trick, sunco energy partners, norwegian cruise lines, all making their debuts this morning. stick around to see how they open for trading. the opening bell is just a few minutes away. what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. ♪ [ indistinct shouting ] [ male announcer ] t
CSPAN
Jan 18, 2013 7:00am EST
the private and the public economy, balance between the cost and hoped for advantages, balance between the clearly necessary and the comfortably desireable, balance between our essential requirements as a nation and the duties imposed by the nation upon the individual, balance between actions of the moment and the national welfare of the future. good judgment seeks balance in progress, lack of it eventually finds imbalance and frustration. >> words of president eisenhower 52 years ago. are those words relevant today as he talked about what government can and cannot do in solving problems. that speech is still available online. and pointing out those remarks giving the country a dire warning about what he described as a threat to democratic government. he also used the phrase military industrial complex. since then that has become a rallying cry of opponents for expansion. in an effort to control the expansion of the military industrial complex the president sought to cut the pentagon's budget. he wanted a budget he said the country could afford. share your thoughts about the role you t
MSNBC
Jan 17, 2013 6:00am PST
is up 5,550 points since then, just shy of the 14,000 mark. the economy is growing. instead of contracting. in the first quarter of 2009, the gdp contracted 5.3%. it grew 3.1% when the last time it was officially measured. though remains below where it was before the great recession, consumer confidence has nearly doubled. and a larger percentage of americans, 41%, according to our last poll, believe the country is headed in the right direction, up from 26% in january, 2009. on the other hand, there is plenty of data to support the idea that the drink country is not better off than it was four years ago. and that the struggling economy continues to take a toll on families. median household income is lower than it was in 2009. and 46 million americans live below the poverty line. several million more than four years ago. the federal public debt has increased from 10.6 trillion in january 2009 to 16.4 trillion now. then there's the big number that's exactly the same as it was four years ago. the unemployment rate. 7.8%. though it's down from, of course, a high of 10% in octobe
FOX News
Jan 19, 2013 1:00pm PST
attached to it. >> heather: let's talk about the economy. the president starts his new term. less than 1% rate it as excellent. 9% say it's good shape. that is up a touch from his first inauguration but 91% of voters say economic conditions negatively today. why are we here again? >> you have to wonder. i point you back to november the conditions haven't changed all that much in two months. i would imagine that those exact numbers were the same on election day, and the american people not only re-elected the president but gave us the same senate in the house as we had before. so as much as they are saying economy isn't going well, when they had an opportunity to change things they voted for more of the same. >> heather: you mentioned congress, finally two polls dealing with that. first since president obama was re-elected, 30% think he has been more bipartisan in working with congressional republicans, 55% the majority says he has been more confrontational? >> i think some of the number for confrontational they are saying that as a positive. certainly democrats want him to be more confro
FOX News
Jan 19, 2013 8:00pm EST
that are putting a stranglehold on the economy. it represents something more. it's the time of year that we have all waited for. when we sit on the edge of our seats for four quarters. it represents players reaching a childhood dream. the biggest stage there is in sports. a time when legacies are made. where a magical play can happen every snap, and you remember exactly where you were when it does. watch every moment of super bowl xlvii live on nfl mobile. bringing the big game to you when every play matters... verizon. call star-star nfl to download nfl mobile from verizon. you know it can be hard to lbreathe, and how that feels.e, copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may wor
MSNBC
Jan 16, 2013 11:00am PST
there was a federal government shut down and they butted heads and the economy survived. when we had the debate over the debt ceiling that led to the downgrade. they are two different fights and the republicans might be willing to fight on another one. there won't be as big of a risk short-term to the u.s. economy. >> thank you very much. a great pleasure having you on. former governor mark sanford said he is scared to death and calls himself a wounded warrior. but he said he is ready for a political come back to fight the scandalous affair that ruined his marriage and career. we will tell you more about his plans coming up. zero dark 30 director is answering critics who slammed her for including torture scenes in the movie. something we thought you should know. what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex offi
FOX News
Jan 18, 2013 4:00pm PST
. i wouldn't put any jeopardizing of the economy there. shows that it is a very rational, put us on a better path and i would think all the american public could support it in the senate as well. >> the house is also suggesting a policy of no budget, no pay. if lawmakers fail to do their job, the american people shouldn't pay them. bill? >> bill: what do democrats say about all of this, mike? >> they seemed to welcome the idea, the republicans sound willing to extend the debt ceiling. a spokesman for majority leader harry reid says if the house can pass a clean debt ceiling increase to avoid default and allow the white house to to meet its existing obligations we will be happy to consider it. they don't want the drama. >> debt ceiling in a manner that causes no concern to the economy and to global markets, that does not in any way suggest that washington is about to, you know, engage in another process that results in a self-inflicted wound to the economy. >> this afternoon, carney calls on congress to pass an extension of the borrowing limit without delay. bill? >> bill: get rea
MSNBC
Jan 18, 2013 10:00am PST
pessimistic view about whether they can get the economy moving again. >>> first lady michelle obama celebrating her 49th birthday with dinner out shows off a new haircut. bangs. >>> with us this hour stephanie cutter, chair of the presidential inaugural committee, board of directors, and our lookback at inaugurations past with no apologies for either the 1980s hair or the fashions. >>> oh, boy. good day. i'm andrea mitchell live in new york. president obama heads into his second term with a strong approval rating nationally, but grave doubts about his ability to kick the economy into high gear. joining us for our daily fix, chris alissa, managing editor of post politics.com, and as we're coming on the air chris, first of all, breaking news that house republicans are going to take up next week a short-term debt ceiling extension. is it too short? does this get us past the hump? >> well, you know, look, this is an attempt by republicans to acknowledge that in a way president obama has won on the i won't negotiate. >> it's not ending the problem, but it is an acknowledgment by house re
FOX News
Jan 18, 2013 3:00pm PST
for breaking details. thank you. >> turning to the u.s. economy. consumer sentiment at the lowest sentiment for more than a year. reuters survey showed 35% of consumers have a negative reaction to fiscal cliff negotiations. the dow finished up 54. the s&p 500 gained five. the nort nasdaq lost one. there is word tonight that republicans may be willing to give a little now to get something back later. we are talking about the debt ceiling. versus spending cuts. chief congressional correspondent mike emanuel reports on the house g.o.p. winter retreat in virginia. >> at the house g.o.p. retreat in williamsberg, virginia, the leaders decided they will pass three-month temporary increase to give them time to finalize a budget. speaker boehner said before there is long-term debt limit increase a budget should be passed that cut spending. the house g.o.p. whip hinted at the strategy. >> our hope is to pass something early so the senate can take action as well. i wouldn't be jeopardizingor economy there. it shows it's a rational, put us on a better path. and i would hi the american public could supp
CSPAN
Jan 16, 2013 5:00pm EST
job creation and the american economy. today we will hear from s.e.c. commissioner danny gallagher who i think is well-positioned to lay out an agenda for this in the next year. we hope this is an agenda that can attract strong bipartisan support. mr. gallagher brings a unique combination of backgrounds. he started as general counsel for a financial services firm. then joined the staff of commissioner paul atkins and worked for commissioner, worked for the -- at the f.c.c. as deputy director and then acting director in one of the largest divisions. he's been on the senior professional staff, then was in private practice and about 14 months ago was confirmed by the u.s. senate as securities and exchange commission commissioner. i think everybody who who knows him will know several things about him. he is smart, he understands the complex issues. second, he is -- he has an ability to see another person's perspective and find consensus and make forward progress on issues and understands that you can achieve consensus while still remaining true to principle and finally that he is a great p
NBC
Jan 17, 2013 11:00pm EST
in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> right now at 11:00, snow is falling in parts of virginia. see what's coming in overnight here in d.c. >> lance armstrong admits to deep doping. >> yes or no, did you take banned substances to enhance your performance in psych snlg. >> yes. >> tonight, the cyclist talks about his reckless behavior and why he was a bully. >> plus, a teen girl reveals what she did to get away from a man who tried to kidnap her from the school bus stop. we begin tonight with the weather. our area dodged a bullet when it came to the snow. wind chills could be in the teens tonight. doug is here with the forecast. >> the snow has stayed well to the south. you look at the radar picture, it looks like we're looking at some rain and snow across portions of the region. but that's not it at all. this was the area i thought would see the most snow. upwards of four inches potent l potentially. if you look at the radar picture now, this is where we've been in the d.c. metro area a
MSNBC
Jan 17, 2013 7:00am PST
be. in presidential politics, there are basically two issues, the economy and war. and if the nation's economy continues to improve, if we're able to get out of afghanistan the way the president got us out of iraq. this issue of gun violence is emerging very quickly. and i have no doubt that it could become one of the dominant issues in the midterm election and also in the general election. >> also making news this morning, a story that has left a lot of football fans, well, you don't even have to be a faj because you probably heart about left folks feeling duped. notre dame's linebacker, manti teo's girlfriend died back in september, at least that's what we thought but it turned out to be a hoax. nbc's john yang joins me now from south bend, indiana. and john, what are we hearing from manti teo himself. >> reporter: last night teo issued a statement in which he said that this whole thing was incredibly embarrassing. he said they developed an emotional relationship with a woman i met online. we maintained what i thought to be an authentic relationship by communicating frequently onli
FOX
Jan 18, 2013 6:00am EST
water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> a rally on wall street and exact change. some bank customers will soon have that option at atms. lauren simonetti is live with this morning's business beat. happy friday to you. >> happy friday. we made it. >> let's talk about the markets. the stock rallied on thursday. >> partying like it is 2007. take a look at the s&p 500 t closed at its highest level in five years, 1481. if you tax alook at the dow, it did hit a five-year high, fail to close there. off by just 14 points. so the market is on fire. you have to ask yourself are we optimistic or just plain old stupid inform you look at the economy, no one feels like it is as good as the stock market is doing. >> i really would love to be able to go to an atm if i was out shopping. and get maybe $5 or $7. >> they are opening up thousands atms across the nation that will dispense $1 and $5 bills, some even giving you coins. you know, you need $45, right but the atm will only let
FOX News
Jan 18, 2013 8:00am PST
for the economy and global markets. >> longstanding tradition for the congress to raise the debt ceiling. this is power they have given themselves, the point is without delay. a monthly extension is drama. so, what, congress should simply do its job. it should not, we're not going to negotiate over extending the debt ceiling. >> reporter: jay carney said they should avoid another process that causes self-inflicted wound to the economy. jenna. jenna: mike emanuel in washington. mike, thank you. jon: on capitol hill concern is growing over what could happen if the country defaults on its debt. right now administration wants to pay the bill in the order which they are received but republicans say there is a better way that might even avoid default. chief political correspondent carl cameron is live in washington for us. so what are the alternatives here, carl? what's the plan? >> reporter: well, they're talking about plans and none of the alternatives are particularly good because the situation is so bad. with the white house refusing to negotiate spending cuts with republicans as part of a
ABC
Jan 18, 2013 5:00pm EST
. this is a positive thing for the city and the economy. >> the wrights flu in from florida. >> we -- flew in from florida. >> we're excited to be here and engage in an american tradition. >> despite all the people coming to town, there are still open hotel rooms. occupancy ratings are about 70% right now they were 90% four years ago. you can expect to see deals out there this weekend. reporting live in northwest washington suzanne kennedy. >> now as businesses prepare for a busy three days the transit is getting ready for >> the rush is on already as hundreds of people are inside trying to transform this convention center into a three-story party place. they have three days left to get ready for tens of thousands of party goers. in 2009, the president and the first lady appeared at 10 narble balls. >> the president will dance at all three levels. >> the top floor is reserved for the commander in chief ball and the only place you will see the presidential sale. one floor down it is set for the kids narble -- inaugural concert. >> brad paisley, jennifer hudson smoky robin
FOX Business
Jan 16, 2013 7:00pm EST
, according to respondents of the latest gallup poll looking at the deficit and the economy and unemployment is far more important. public policy in washington. the president is going after our guns, unveiling the most sweeping set of gun-control proposals and nearly two decades here is this moments. the reason that there is so for the second amendment to prevail despite his assault. the decade-long assault weapons ban, which ran from 1994, it did not work. 1994 was a different year, by the way, then this year, 2013. and the political conditions are quite different because the reality of america is quite different. it is important to look back and think about the fact that in '94, the house, the senate, and the white house were all controlled by democrats. today republicans control just the house as the president likes to constantly remind us. back then president clinton pushed the assault weapons ban as part of a broader crime bill. it was not just an imperious and grabbed, but it was an important piece of legislation, and it was a different time. despite the prosperity, the american public
FOX News
Jan 19, 2013 10:00am PST
hard options are and where to make the cuts so we can sustain our economy and channel some growth instead of going the opposite direction. >> well, i think it's just like any other budget that's out of whack. you first start where is the biggest potential area of savings? i would look at health care, i would look at the fact that in america, we spend one out of every $6 on health care. i think the government, you know, and this is not just me, you know, the congressional budget office, cbo-- >> when you're talking about health care, you're talking about medicaid, medicare, what other-- >> i'm talking about, a lot of the aspects, i think, that not only medicare and medicaid, i'm talking about looking at obamacare, i'm talking about looking at potential tort reform that might take some of the high lawsuits out of the equation. >> take the sting out of malpractice. >> yes, with still protecting people. i think the pharmaceutical companies, i mean, you know, my daughter went to the hospital and she was there for 40 minutes to see if she had a kidney stone and of course, it cost $4800.
NBC
Jan 18, 2013 5:00am EST
's chashartia brantley has t story and more. >> timothy geithner says americans are too -- he says the economy is in the final quarter of recovery from the financial crisis. geithner tells the wall street journal the u.s. was well ahead of other countries in balancing debts, income and cutting leverage and the financial system. geithner says the u.s. has more diversity of strength from high tech to energy and the public should find comfort and optimism in that. here's a reason to be optimistic. mortgage rates are falling back toward record lows. freddie mac says the average rate dipped to 3.38% from 3.4% last week. the 30-year average of 3.6% in 2012 was the lowest annual average in 65 years. guys, cheaper mortgages are a major reason the housing market has been bouncing back. many economists believe the recovery was strengthened throughout the year. >> shartia brantley. thank you. >>> now to a house that, it had a mortgage, the monthly payment would be more than a million dollars. talk about a prime piece of real estate. the white house is worth nearly $300 million. zillow released its calcul
CNN
Jan 17, 2013 4:00pm PST
understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ male announcer ] the exclusive air suspension in the 2013 ram 1500. ♪ engineered to move heaven and earth. ♪ guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. >>> let's check in with anderson cooper, a look at what's coming up ahead on "a.c. 360." a big interview with mayor bloomberg. >> talking about guns. also, of course, we're following the story of manti te'o, as just about everybody is. it keeps getting weirder. we'll have the latest on the notre dame football star, the shocking story of his fake girlfriend. as you know, he was the victim of a hoax. so why did he still talk about her even after he knew she was a fraud and why didn't notre dame come clean. we're keeping 'em honest. mayor bloomberg is on the program, an advocate of gun
MSNBC
Jan 16, 2013 10:00am PST
question at the top, economy in general at 21%, goes down to the federal budget deficit, dissatisfaction with government, unemployment, taxes, all the way at the bottom is gun. >> the web video which targets basically the president's children, who have secret service protection, as all children of presidents. over the line? >> based on this poll, he should have been apologizing for those children to breaking their piggy banks to pay for the national debt. that's what americans are concerned about. >> i'm asking you about the web video. >> because his children -- >> which children? >> children he had there on display, because his children, his own children, are well protected. joe biden opened up by saying that schools should be a sanctuary. well, he must have this confused, because the president's girls do go to a sanctuary, well-armed there, but most american kids are not protected at all. >> you don't think the president's children should be off limits? >> i think she should be protected and i think our children should be. i have seven school-aged children. i would hope and pray there
MSNBC
Jan 18, 2013 7:00am PST
to be on the agenda, but the economy and getting a growth agenda going is clearly what's going to be most important across the board for americans. but he's got some wind at his back. because the republicans know that number one, immigration is an issue they can't ignore and vilify anymore, they've got to deal with it, guns is another one. they're mired in a tactic on plunging this country into default and starting to come to their senses and realize this debt ceiling is a tactic that is really turning its head against them not against the president. so i think that you're always going to see the president making the effort to reach out. and spending, he's actually done that already. and that's where he's going to have to work with democrats as well as republicans. >> well, you supported both abolishing the debt limit and having the president use the 14th amendment. i'm wondering how you see the debt ceiling play out. >> well, i'm seeing the republicans starting to cave on that. they're hearing from the -- the president has made it clear he's not going to play that game. and if we mess with the deb
NBC
Jan 17, 2013 7:00am EST
and next, earnings from investors, as they gauge how the economy is doing. and speak egg of the economy, the federal reserve's regional survey found modest growth at year end 2012. this despite concerns about the fiscal cliff and the looming battle over the debt ceiling. back to you. >> mary thompson at the new york stock exchange. thank you. >>> one of television's favorite fathers has died. conrad bain played phillip drummond on "different strokes," the adopted father of two african-american brothers, played by todd bridges and gary coleman a veteran stage actor, bain rose to fame in middle age with the long-.-running family sitcom. conrad bain was 89 years old. a big hit here on nbc. 7:19 now. back to matt, savannah and al. >> must see tv. >> definitely. >> thanks, matt. >> thanks very much. mr. roker is here. >> a big storm is down south. let's go live now to pearl, mississippi, you can see the snow is already on the ground. they have got more on the way. as we take a look and show you what's happening, here is the latest. we have got winter storm warning, winter weather advisories
CNN
Jan 16, 2013 11:00am PST
mohamed morsi, a member of the muslim brotherhood. but egypt's economy is on the ropes. across the region, political storm clouds ar gathering as iran, israel and eight arab countries hold crucial elections this year. >> in every one of them, a new form of right, far, far right is emerging as to change the balance of power. >> reporter: in his first term, barack obama said he was making the middle east peace process a priority, but middle east expert aaron david miller says don't get your hopes up for this term. >> the fact is if you -- if the administration tried to put mahmoud abbas and benjamin netanyahu down together, right now, or in february, at the negotiating table, the gaps between them are so large that they simply cannot be bridged and the u.s., yet again, will be revealed as an emperor without clothes. >> and when we come back, we'll talk to chris lawrence from the pentagon, get new information here about this hostage situation in algeria. this is this north african country where we're now hearing, confirmed by the state department, 40 hostages, being called an act of terror b
FOX News
Jan 17, 2013 10:00am PST
for the country's economy. elizabeth macdonald from the fox business network, i mean, i laugh because 70 is not old. are we supposed to react to that as though it's 90, like, oh, 70. you have to work to 70? >> right, 70 is the new 90, i guess, i don't know. but, really, megyn, you have to wait five years to hit the golf course as you put it. this is the group that's recommending it, the business round table, a group of influential ceo's and even the president and ceo of caesars entertainment corp., look, we're in a new era of fiscal problems and we have a new era of demographics issues, the realities are different than they were when social security was launched in 1935. and they're saying a great way to basically fix social security and medicare funding problems. tell you something that's interesting, you're hearing nothing out of the building round table, anti-age discrimination problems at work. certainly, the jobless rate of people who are, you know, 65 or older, the number of unemployed older workers, megyn, has doubled in the last recession, you know, and as much as one out of thre
Search Results 0 to 37 of about 38 (some duplicates have been removed)